NEW YORK (MarketWatch) -- Dow Chemical Co. is facing headwinds in its
ethylene business and is trying to offset the potential downside to
its stock price by growing its non-cyclical operations in agriculture,
Bear Stearns said in a note Tuesday, and initiated coverage on shares
with a peer perform rating and a $44 price target. "The ethylene
commodity cycle seems headed for the next trough with capacity
expected to increase (around) 16% by 2010," the investment firm said,
and that could mean declining margins, earnings and return on capital
employed. Aiming to reduce cyclicality, Dow is building its market
share in cheap feed stocks. Last week, Dow announced deals with
Monsanto Co. to launch SmartStax corn seed.
Oh goody is right.
Trying to raise the old open-pollinates is going to be nearly
impossible. I do not want to eat this crap and I don' twant it
cross-pollinating my food. I don't want my meat raised on this crap.
And I don't want to support it by having it what petrofuel I do use.
Thanks for the *great* news, Mr. Sunshine
Dow, Monsanto to Modify Eight Genes in Corn Seed
Sept. 14 (Bloomberg) -- Dow Chemical Co. and Monsanto Co. will
cross-license technologies to create corn seeds with eight genetic
modifications that improve resistance to insects and weed killers,
topping products from rival DuPont Co.
The seeds may be available to growers by the end of the decade,
Midland, Michigan-based Dow said today in a statement. The companies
will pay each other royalties to license seeds and genetic
technologies, St. Louis-based Monsanto said in a statement. Financial
terms weren't disclosed.
Monsanto, the world's biggest seed maker, gains technology to offer
eight gene modifications as DuPont boosts production of seeds with
three improved traits. Dow Chief Executive Officer Andrew Liveris said
the deal will make the company the third- biggest U.S. corn seed
producer, up from fifth. Demand for modified seeds is growing over
continued objections in Europe.
``The eight-stack is a game-changing technology,'' Liveris told
analysts and investors in a conference call. ``The fact that Monsanto,
which is the unquestioned leader in biotechnology, is partnering with
Dow tells us that our research efforts are paying off.''
The agreement is worth hundreds of millions of dollars in profit to Dow
over the next decade and could approach $1 billion as the seed segment
grows, Liveris said.
On Tue, 25 Sep 2007 12:54:45 -0500, Charlie wrote:
I'm sure someone knows why this sort of "infestation" is apparently
not actionable. I mean, there _is_ precedent around damage done to
your property by your neighbor's (fill in the blank). This is most
Anyone know if this has been adjudicated?
I've searched FindLaw, but nada.
On Tue, 25 Sep 2007 15:16:53 -0500, Charlie wrote:
I hereby certify under penalty of purgatory that I am authorized to
act on behalf of The Worldwide Mega Omni Ginormus Corn and Petroleum
Company Inc., LLC, Ltd., SA the owner of the trademark(s) in the
work(s) identified above. I have a good faith belief that no
permission has been granted to use CornFused, (our trademark), by The
Worldwide Mega Omni Ginormus Corn and Petroleum Company Inc., LLC,
Ltd., its agents, or the law. Especially the law, as we authored the
We hereby give notice of this unauthorized use of the trademark
CornFused to you and request that you take expeditious action to
remove or disable access to the trademark described above.
Please promptly change your post to comply with the requirements and
let us know that you have done so or tell us your schedule for doing
so, so that we can let the trademark holders know that no further
action is necessary. This is not to say that we will not take action
at some future time. All lot depends on our mood.
Hand gestures will not be considered satisfactory actions.
Dewey, Cheatam, and Howe Esq.
Oh goody is right. I'm on Big Organic right now. I've heard two
people say they 'tried' to read it but it was 'too dry'. I can't
imagine - I find it fascinating. If only everyone would read it and
understand what's going on, but it's not about Nascar or Brittany, so
who cares? <rolls eyes>
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